$5,675,000
$5,200,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
126-132 Main St Andover, MA 01810
31 Beds
27.5 Baths
17,500 SqFt
Key Details
Sold Price $5,675,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 17,500 sqft
Price per Sqft $324
MLS Listing ID 72888792
Sold Date 11/22/21
Bedrooms 31
Full Baths 27
Half Baths 1
Year Built 1900
Annual Tax Amount $52,978
Tax Year 2021
Lot Size 1.150 Acres
Acres 1.15
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
This iconic corner, just 1 block from Phillips Academy and downtown, can now be the crown jewel in your investment portfolio. Available for the 1st time in 75 years, this package consists of 126 Main St, 130 Main St, and 16 Morton St, 3 buildings totaling 27 rental units, plus 5 garages. There are 4 two bedroom units, 5 studios, and 18 one bedroom units. All gas boilers were replaced in 2019, heat is included in the rent. All roofs are in great shape. 15 units have been renovated down to studs in the last 5 years. Basements are IMMACULATE. The grounds are lush, and pristine. Roughly 30 spots for parking plus ample room to expand. All rents are well below market rate. All occupants are tenant at will. Seller will review offers on Sept 10.
Location
State MA
County Essex
Zoning SRA
Direction Corner of Main St and Morton St
Rooms
Basement Full
Interior
Appliance Range, Refrigerator, Gas Water Heater, Utility Connections for Gas Range
Exterior
Garage Spaces 5.0
Community Features Public Transportation, Shopping, Park, Highway Access, Private School, Public School, T-Station
Utilities Available for Gas Range
Roof Type Shingle
Total Parking Spaces 35
Garage Yes
Building
Lot Description Corner Lot, Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
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Bought with Matthew McLennan • Century 21 McLennan & Company